Exposure without Operational Control
Non‑Operated Joint Ventures (NOJVs) are a powerful tool for deploying capital, accelerating the energy transition, and expanding into new markets. But they also create a unique cyber challenge: investors hold financial, operational, and reputational exposure, yet lack the authority to manage day‑to‑day cyber security.
This disconnect means NOJVs often become one of the least governed and most vulnerable areas in an investor’s portfolio.
At TPCS, we often see NOJVs “slip through the governance net,” leaving operators with cyber weaknesses unseen and unaddressed—sometimes for many years.
At the same time, NOJVs sit outside the parent company’s cyber protection, making them disproportionately appealing to threat actors targeting shared systems, supply chains, and operational technology (OT).
The result? Investors face risks they cannot directly control, while assuming the consequences when something goes wrong.
How TPCS Helps Investors Navigate This Governance Cyber Gap
At TPCS we specialise in cyber security for environments where investors have exposure without operational control. Our services are built around real‑world investment conditions—where governance is shared, information is limited, and risk can hide behind the operator’s internal processes.
Assess – Revealing Hidden Risks Inside the Operator Environment
Here at TPCS we conduct deep‑dive NOJV cyber assessments that examine operator practices, supplier dependencies, and governance structures. These assessments expose weaknesses that traditional due diligence often misses—such as low‑maturity controls, risky third‑party access, or historic compromises. Their process ensures investors gain visibility into risks that would otherwise remain unseen.
Invest – Giving Investors Leverage and Confidence
Armed with these insights, investors can negotiate with clarity. TPCS helps incorporate necessary cyber clauses into shareholder agreements and SPAs, ensuring responsibilities are explicit and enforceable. This protects capital deployment, strengthens investor influence, and ensures early‑stage remediation is factored into governance frameworks.
Protect – Maintaining Cyber Resilience Throughout the Joint Venture’s Life
Cyber risk evolves, and so must cyber oversight. TPCS supports our investment clients with ongoing monitoring, post‑deal cyber uplift, and 365‑day protection services that keep operators aligned with best practices. Their approach ensures NOJVs remain secure not only at the point of investment, but throughout their operational lifespan.
Why This Matters Now More Than Ever
As NOJVs continue to drive the energy transition and infrastructure build‑out, the stakes have never been higher. Investors must protect value while navigating complex, multi‑party environments where responsibilities are blurred and digital exposure is growing. TPCS are experts in bridging this gap—offering clarity, control, and confidence in ventures where operational authority is intentionally limited.
THE TPCS TAKEAWAY:
TPCS ensures that the cyber risks you can’t see won’t become the risks that end up costing you and your partners dearly.